2653-55 Gladiolus Street, New Orleans, LA 70122

New Orleans
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
2653-55 Gladiolus Street,New Orleans, LA 70122
$245,000
  • - Beds
  • - Baths
  • 1,470 sq. ft.
  • Multi-family
  • Pending
Listed by: jessica bordelon
Office: berkshire hathaway homeservices preferred, realtor
MLS#:NO2565575
Source:LA_RAAMLS

Price summary

  • Price:$245,000
  • Price per sq. ft.:$166.67

About this home

$36,000 a year in rent currently - High Earning Real Estate Investment - Enjoy steady income from two units in the high demand Gentilly area. This is a great investment opportunity for new and experienced investors. - Also excellent option for house hackers looking to owner occupy. - High Cap Rate Gentilly Multifamily Investment in Great Condition 2 blocks to the nearest bus stop and steps from Milne Playground and a short drive to UNO and SUNO. Take advantage of this opportunity to increase your investment portfolio with an easy to manage property. Current tenants - one has lived here for 7 years and the other has a lease until Dec 2025, with the potential to continue his stay. Low maintenance property with new roof and new central air, driveway parking and nice sized backyard.

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Home facts

  • Listing ID #:NO2565575
  • Added:55 day(s) ago
  • Updated:August 25, 2026 at 10:23 AM

Rooms and interior

  • Living area:1,470 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Heat
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Building area:1,470 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Duplex
  • Construction Materials:Wood Siding
  • Exterior Features:Porch
  • Foundation Description:Pillar/Post/Pier
  • Levels:1 Story

Finances and disclosures

  • Price:$245,000
  • Price per sq. ft.:$166.67

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